Matching
Indicate with a True or False whether or not each of the following accounts would, under normal circumstances, require an adjusting entry.
Premises:
Cash
Depreciation Expense
Accumulated Depreciation
Accounts Payable
Equipment
Prepaid Expenses
Responses:
False
True
Correct Answer:
Premises:
Responses:
Cash
Depreciation Expense
Accumulated Depreciation
Accounts Payable
Equipment
Prepaid Expenses
Premises:
Cash
Depreciation Expense
Accumulated Depreciation
Accounts Payable
Equipment
Prepaid Expenses
Responses:
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